Gold futures closed higher in the domestic market on Thursday as the U.S. dollar remained moderately challenged by the upcoming US presidential debate and after the missed U.S. housing-sector data.
The yellow metal extended its gains after the remarkable recovery of China’s economy, one of the top gold enthusiasts worldwide.
At the MCX, gold futures for December 2016 contract ended at Rs 29905 per 10 grams, up by 0.01 per cent, after opening at Rs 29,990, against a previous close of Rs 29,901. It touched the intra-day high of Rs 30,063.
The yellow metal extended its gains after the remarkable recovery of China’s economy, one of the top gold enthusiasts worldwide.
At the MCX, gold futures for December 2016 contract ended at Rs 29905 per 10 grams, up by 0.01 per cent, after opening at Rs 29,990, against a previous close of Rs 29,901. It touched the intra-day high of Rs 30,063.
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